06-JUNE 07-2021

Valentine'sGood morning.
The past few years has seen the rise of SPACs, or special purpose acquisition companies.  These firms simply offer a way for companies to go public by merging with the SPAC shell corporation.  It’s a more efficient way of going public, and has been good for companies such as Virgin Galactic (SPCE) and DraftKings (DKNG).
Investors got overly enthusiastic about the space, however, driving the price of a shell company worth $10 to as high as $15 or $20 in some cases before prices started cratering in February.  Now, billionaire Bill Ackman, who launched a SPAC late last year, has announced a potential $40 billion deal to take Universal Music public.
The market hated the news, given the highly complicated nature of the deal, sending shares of the SPAC name well under their cash value, and likely scaring off a potential rebound in SPAC names for months to come.

Now here’s the rest of the news:

What is MMTThere’s Nothing Modern About MMT –Alexander William Salter,Reason
Similar measures have been tried before, right here in America, and they have worked.  But that’s actually not good news for modern MMT fans.  Here’s why… [Read Here]

Fed’s Favorite Lowball Inflation Gauge is Red-Hot, Not Seen in Decades, Even Without the “Base Effect” –Wolf Richter,Wolf Street
The Fed’s favorite lowest-of-lowball inflation measures was the highest two months annualized rate since 1985.  That’s 50% over the Fed’s inflation target… [Read Here]

June 07, 2020

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

Describing its beauty!!!  The radio communications tower on Signal Hill in St. John’s, Nfld., attracts tourists regularly.

The radio communications tower on Signal Hill in St. John's, Nfld

It still sits perched atop high rugged coastline, Eastern Newfoundland, Atlantic Canada.

June 07, 2019

Whenever there is an economic downturn people are not able to fulfill their desires.  So those desires get repressed and the more they are thwarted the stronger they become.  And desire is what will fuel the next 30 years of economic prosperity.  Can’t you feel it?  It is building.  The greatest economic boom of all time is brewing and today’s Professional Salespeople, Relationship-Marketers and Entrepreneurs will be the ones to take advantage of it.  NOW is the time to hone your skills and become a Pro at every aspect of professional selling.  INVEST THE TIME TO LEARN HOW TO SELL!

Riddle:  Who hired a blimp that said, “British Airways Can’t Get It Up” when they were having construction problems … Driven a tank through the streets of New York to get attention for the launch of Virgin Cola … Rappelled down the side of the Palms Casino in a Tux, and crossed the English Channel in a floating car?

I’m going to bet, you too are a fan of: (answer) Richard Branson.

If you are willing to use a tiny bit of creativity, and work your brand thru social media, you could find yourself getting the “free press and traffic” that would OTHERWISE COST YOU BIG!

“YOU are the brand, and YOU are the expert.  Not your product or company.”

YOU should be out there, working for you!

Keep tuned in, right here, ’cause I’m going to have some new training in the month of June that I’ll be letting you know about soon!  😉

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Come From Aways, Do You?

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06-JUNE 19-2021

How To Win The Day With every sunrise comes opportunity.  Each day is a figurative clean slate — another chance at getting it right and moving the ball closer to the goal line.  Regardless of what happened yesterday, we have the chance to start anew each morning. And the morning sets the tone for the entire day.  You own the morning, you win the day.  The happiest, healthiest, and most successful people know this.  They embrace it, and they use it to their advantage.  They build morning rituals to establish the foundation for the day. Here are 6 things they

06-JUNE 18-2021

Good morning. The biggest bombshell from the latest Fed meeting was the acknowledgement that inflation was coming in far higher than expected.  While the Fed continues its policy of trying to talk the market into always going up, some see a tapering of its asset purchases sooner rather than later. While that doesn’t mean higher interest rates right away, what it does mean is a big slowdown in money creation and addition to the central bank’s balance sheet.  That’s likely why both bond yields and gold prices have been dropping.  While tapering might spook the market, the prospect of lower

06-JUNE 17-2021

Good morning. Yesterday’s Federal Reserve meeting minutes kept interest rates at 0 percent, as expected.  And the Fed isn’t ready to taper its asset purchases (money printing) anytime soon.  But in trying to please everyone, the central bank sometimes ends up pleasing no one. The central bank made a big revision in its inflation estimates, from 2.4 percent to 3.4 percent.  While calling higher inflation “transitory,” the market isn’t so sure.  And, after the March meeting indicated no potential for an interest rate hike until 2024, there’s now an increasing possibility of a rate hike in 2023. The only real

06-JUNE 16-2021

Good morning. Michael Burry is a fund manager best known for going against the housing market in the runup to the meltdown.  Today, Burry sees inflation as the biggest threat to the economy.  And with prior stimulus measures boosting the price of everything from stocks to housing, the biggest threat is a nudge into hyperinflation.  Burry sees that happening this year.  Burry also sees the stock market as not only the greatest market bubble of all time, but the biggest by at least “two orders of magnitude.”  As investors adjust their return expectations for inflation, that bubble may burst. Time

06-JUNE 15-2021

Good morning. Most financial news is predicated around the idea that markets are either going up or down.  But sometimes, like now, indices are largely trading sideways.  When that happens, traders will start to look for clues as to what happens when the sideways trend ends. For most market conditions, a sideways trend can last anywhere from 6-12 months in part of a broader bull market.  That looks like the case here, given that most indices are still near all-time highs.  But it’s a time to find companies that have been hit the hardest and look set for the biggest

06-JUNE 14-2021

Good morning. There’s an old Wall Street saying that the cure for high prices is… high prices.  That’s because when prices are high, competition comes into play and customers seek substitutes.  Recent inflation data showing a jump in home and car prices (both new and used), is also leading to potential buyers to hold off on making a purchase. That could reduce demand enough to keep prices from heading higher in those areas.  A slowdown in governmental assistance to the economy in the form of stimulus checks and high spending may also help nip this rising inflation in the bud. 

06-JUNE 13-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Naturally beautiful: Newfoundland, Canada. …pink and very colourful! P.S. “In order to succeed, your desire for success should be greater than your fear of failure.” –Cosby Show June 13, 2020 “What you can create will absolutely astound you, but you have to start now.” —Marie Forleo Top 10 Benefits of Using Resistance Exercise Bands 1. ADAPT EASILY FOR MULTIPLE FITNESS LEVELS…  Resistance bands come in multiple resistance levels, usually light, medium or heavy.  You can further adjust

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